BRIEF-China South City Updates on Restructuring

Reuters

02/10

Feb 10 (Reuters) - China South City Holdings Ltd 1668.HK:

LIQUIDATORS ENGAGING IN ONGOING DISCUSSIONS WITH AHG, AS WELL AS OTHER CREDITORS WHO HAVE REACHED OUT TO LIQUIDATORS
LIQUIDATORS INFORMED THAT PRELIMINARY TERMS COMMERCIALLY UNACCEPTABLE TO AD HOC GROUP OF HOLDERS OF OVER 43.5% EXISTING NOTES
MATERIAL RISK LIQUIDATORS MAY NEED TO CONSIDER TAKING OTHER RECOVERY ACTIONS FOR GROUP'S ASSETS ON A BREAK-UP BASIS, OTHERS

Further company coverage: 1668.HK

((Reuters.Briefs@thomsonreuters.com;))

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